Tue.Sep 26, 2023

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Analyze When, Where, and What Your Competitors Promote With Retail Analytics Tools

Dynamic Action

Summary Monitoring competitors’ promotional activity in your market is essential but time-consuming. AI-driven retail analytics tools offer automated insights into competitor strategies. These tools help retailers refine their own promotions and stay competitive. By processing vast amounts of data, this technology provides efficient trend analysis across multiple channels.

Retail 62
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At Its Innovation 2023 Event, Intel Is Focused On AI Developers

Forrester eCommerce

I attended the first day of the Intel Innovation 2023 developer’s conference to see how this venerable Silicon Valley giant was responding to AI and competitive pressure. What I found was a comeback story in progress, wrapped in a very heavy dose of AI, led by its dynamic CEO Pat Gelsinger.

Events 402
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495: How To Make An Extra $100k This Year By Optimizing Your Financial Stack With Bill D’Alessandro

My Wife Quit Her Job

Today I have my good friend Bill D’Alessandro back on the show. Bill is the founder of the ecommerce company Elements Brands and the host of the Acquisitions Anonymous podcast. He also does a bunch of consulting and coaching, and he’s spoken at my annual ecommerce conference, the Sellers Summit. In this episode, Bill is going to teach us how we can make an extra $100,000 per year with just a couple of small changes to our financial stack.

eCommerce 227
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Despite Economic Headwinds, Malaysian Banks Continue to Improve CX Quality

Forrester eCommerce

How customers perceive a brand influences how much they are willing to spend with the brand; whether they will recommend it to others, and; how likely they are to forgive the brand’s missteps.

Banking 394
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2024’s Retail Odyssey: Going Small, Artificial, and Augmented!

Speaker: Joe Cicman - Principal Analyst at Forrester, and Jason Cottrell - CEO & Founder at Orium

Significant modifications are on the horizon for digital commerce in retail and customer experience come 2024. The pace of tech shifts will intensify, businesses are set to defund legacy solutions, and attractive opportunities will surface as social and retail media players join forces. To stay ahead of the curve, digital leaders are experimenting with less risky initiatives and scaling back on outdated projects that no longer yield impactful results.

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The 5 Best Video Enhancing AI Tools for Selling Online [2024 Update]

Groove

In the realm of digital content creation, video has emerged as a dominant force, captivating audiences with its immersive and dynamic storytelling capabilities. With the exponential growth of online video consumption, businesses, marketers, and creatives are continually seeking innovative ways to harness the power of this medium and make their mark in the digital landscape.

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Experiential Retail 101 and Experiential Shopping Examples | Salsify

Salsify

Gone are the days when shoppers expected the bare minimum from brands and retailers — experiential retail and immersive shopping experiences are the new must-haves for consumers.

Retail 132

More Trending

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Market Gap Analysis: Uncover Untapped eCommerce Opportunities

Algopix

In the fast-paced world of eCommerce, staying ahead of the competition and identifying new growth opportunities is crucial for success. One of the most effective strategies to achieve this is through market gap analysis. By thoroughly examining your industry and identifying unmet needs, you can uncover untapped eCommerce opportunities that can lead to increased sales and profitability.

eCommerce 126
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Announcing: Comprehensive Reporting for Free and Paid Trials

FastSpring

Looking to leverage FastSpring’s subscription capabilities and want to try out reports for yourself? Sign up for a demo or check out our free trial. Trials are the gateway to growth for many SaaS and software companies. Understanding the dynamics of those trials is at the heart of optimized trial conversion rates — which helps you achieve product-led growth.

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Cash still king for UK’s independent retailers

TalkingRetail

A recent survey of retailers across the UK delivers a clear message – cash remains a crucial payment method that keeps tills ringing for independent shops. The British Independent Retailers Association (BIRA), which works with over 6,000 independent businesses of all sizes across the UK, ran the survey which demonstrates cash is far from obsolete.

Retail 134
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Dick’s to shutter 11 Moosejaw stores amid integration with Public Lands

RetailDive

Three Moosejaw locations will remain open, while the rest — and the outdoor retailer’s headquarters — are scheduled to close by February.

Outdoor 124
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The MVP Mindset: Speed Time to Value and ROI

Composable commerce is built for complexity, but you don’t have to tackle everything at once to start seeing the benefit of a modular build. This masterclass will look at how to get solutions launched and performant in less time and with less disruption than you may expect. In this session, BigCommerce, Bold, Contentful, and Orium dig into the complexity of composable commerce and extract the straightforward solutions you can implement today to deliver value quickly and start building your path

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STIMULATE Launches a Two-City Roadshow Tour to Connect Vendors + Retailers Through Education

RetailMinded

Nashville, TN – September 26, 2023 – STIMULATE: A B2B Sexual Wellness Trade Show has announced a two-city roadshow experience for the 2024 calendar year. In addition to their annual Nashville based event that will be held August 5+6, 2024, STIMULATE+Roadshow will debut in Austin and Chicago in the year ahead. February 4 – 6, 2024 | Austin, TX October 13 – 15, 2024 | Chicago, IL STIMULATE+Roadshow’s core focus is to enhance retailer success through trusted education, resources and ex

Retail 111
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FTC, 17 states sue Amazon for ‘exploiting its monopoly power’

RetailDive

The e-commerce giant defended the practices outlined in the lawsuit, saying they “spur competition and innovation across the retail industry.

eCommerce 120
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WSJ Report: Rite Aid Plans to Close Hundreds of Stores in Bankruptcy Deal

Retail TouchPoints

Drugstore chain Rite Aid is reportedly negotiating with creditors on a Chapter 11 plan that would include liquidating a hefty number of its 2,100 -store fleet, according to the Wall Street Journal. People familiar with the situation revealed that Rite Aid proposed closing 400 to 500 stores, and then either selling the remaining stores or handing over operations to creditors.

Retail 104
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Festival Place wins Green Apple Award for Best Environmental Practice

365 Retail

Festival Place, one of the UK’s top 25 retail and leisure destinations, has once again received recognition for its environmental practices through the Green Apple Environment Awards, acknowledging its ongoing commitment to energy reduction and well-being initiatives. To reduce energy consumption, Festival Place initiated a trial by switching off selected Air Handling Unit fans once the desired mall temperature was reached.

Leisure 104
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The Circular Product Journey: Powering a Sustainable, Data-Driven Future With PIM

The linear flow of make > use > dispose is unsustainable. Not only is it at odds with the realities of modern society, but it also fails to meet evolving demands from consumers and regulators. Linear is out. Circular is in. Going circular is not an overnight switch. It requires forward planning and data-driven decision-making. In this ebook, you’ll see how the right technology can help brands and manufacturers secure the product data governance they need to power this circular transition.

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Due Diligence: Winning October Prime Day Prep Strategies

Retail TouchPoints

Last month Amazon officially announced a follow-up to Prime Day coming this October — Prime Big Deal Days will be available for Amazon Prime subscribers in 19 countries. While shoppers have a month or so to build their shopping lists, brands need to start preparing now. There are several things brands can do today to ensure a successful round two in October.

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Charity Retailer Scoops Top Prize at Retail Awards

365 Retail

National healthcare charity, Sue Ryder has won Retail Employer of the Year at the People in Retail Awards, which took place at the Marriott Hotel in London’s Grosvenor Square on 21 st September 2023. The awards celebrated those who have made a remarkable contribution and demonstrated excellence across the retail sector. The judges included 19 industry experts.

Retail 98
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Dick’s Sporting Goods to Close all but 3 Moosejaw Stores

Retail TouchPoints

Dick’s Sporting Goods , which acquired Moosejaw from Walmart in February 2023 for an undisclosed amount, plans to close all but three of the 14 stores in the outdoor retailer chain, according to multiple media reports. In recent months Dick’s has been putting more energy into formats such as its House of Sport and Public Lands banners. WWD , quoting a statement from Dick’s, wrote: “After careful review of our outdoor specialty business, we have decided to form one team that will support the oper

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September 2023 SEO News Recap

ROI Revolution

Welcome to our September 2023 SEO News Recap! Last month , we shared the latest on core algorithm updates, generative AI for organic search, new options in GA4, and more. In this month’s update, we have the latest on ChatGPT, title tags and meta descriptions, and the core algorithm updates that have happened since last month. Jump to each September 2023 SEO news topic using the links below: A Tale of Two Google Algorithm Updates: August 2023 Broad Core & September Helpful Content Reminder: Q

SEO 78
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Product Discovery: Enabling Search Outside the Box

Go beyond the basics with Algolia and Orium to explore the elements of search-and-discover you can leverage to create an optimized brand experience that delivers the right products at the right time, engaging customers throughout their shopping journeys. Surfacing the right product at the right time sounds simple, but the complexity of a modern retail environment means it’s anything but.

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FTC Suit Claims Amazon Illegally Maintains Monopoly Power

Retail TouchPoints

Editor’s Note: This article has been updated since it was published earlier today. A long-expected lawsuit has been filed by the Federal Trade Commission (FTC) and 17 state attorneys general against Amazon , alleging that the company uses “interlocking anticompetitive and unfair strategies to illegally maintain its monopoly power,” according to an FTC statement.

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Bluemercury launches bath, body and home fragrance private label

RetailDive

Cerulean 6° was designed for shoppers to obtain fragrance-led products at an approachable price point, the beauty company said.

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Kohl’s Launches Nine West Women’s Adaptive Apparel Line

Retail TouchPoints

Kohl’s has debuted a new assortment of women’s adaptive apparel from Nine West , available online. The line of elevated staple styles has multiple features to make them more accessible to people with disabilities, including magnetic closures and easier leg openings. Kohl’s will add more adaptive choices for both men and women this fall across its Sonoma Goods for Life and TekGear private label brands, and will continue to provide inclusive offerings for kids across apparel and footwear.

Apparel 98
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UrbanStems hires new chief executive officer

RetailDive

The online floral company has tapped Ana Mollinedo Mims for the position, succeeding Seth Goldman who has served as CEO since 2018.

96
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Predictions You Can Rely On: How Data Drives Successful Financial Forecasting

Speaker: Robbie Bhathal, Founder & CEO, and Matthew Acalin, Head of Credit Intelligence

In today's volatile financial environment, how confident are you in your company’s financial forecasting? To get the most accurate cash predictions that will lead to long-term financial survival, real-time data is critical. Innovative cash management strategies can lead to better credit opportunities, more sustainable growth, and long-term financial prosperity.

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Mercedes, Mastercard Drive In-Car Payments at Gas Pumps in Germany

Retail TouchPoints

Mercedes-Benz owners in Germany can now start the fueling process directly from their vehicle and pay digitally by fingerprint with a new native in-car payment service, developed in partnership with Mastercard. The new offering in the Mercedes Pay+ platform turns the car into a payment device at service stations via an integration with the Mercedes MBUX infotainment system.

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Shoe Carnival CFO exits after 5 months

RetailDive

Patrick Edwards was named the company's new chief financial officer — the third person to serve in the role this year.

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Hy-Vee Launches New Retail Media Network

Retail TouchPoints

Hy-Vee is the latest supermarket chain to get into the retail media game with Hy-Vee RedMedia , which is designed to be a full-scale retail media network that enables brands to connect with the retailer’s customer base across multiple platforms. Brand advertisers will be able to tap into digital and in-store advertising as well as off-site advertising on brand-safe sites.

Retail 93
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Target Says It’s Closing 9 Stores Because of Surging Retail Thefts

RetailWire

Retail giant Target has announced the closure of nine stores across four states due to a surge in theft and organized retail crime, which has compromised the safety of employees and customers. The affected stores, four in San Francisco, three in Portland, and two in Seattle, will cease operations on Oct. 21. Target had previously.

Retail 85
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Modernizing Frontend Experiences: A Step-function Toward Greater Composability

Frontend experience can make or break the customer journey. For many brands the idea of modernizing frontend experience is a dream too large, as they imagine the years-long project of extracting their digital operations from legacy all-in-one platforms where experience and commerce functionality are tightly combined. But moving to a composable commerce platform doesn’t have to be an all-or-nothing endeavor, and it doesn’t have to be a years-long undertaking.

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Wish Adds 1,200 Click-and-Collect Locations in New Partnership with Pudo

Retail TouchPoints

Discount ecommerce app Wish has teamed up with parcel pickup and drop-off network Pudo to offer customers click-and-collect options at more than 1,200 locations across the U.S. and Canada. Wish continues to look for an edge over newcomers like Shein and Temu , which now dominate the rankings of top shopping apps in the U.S. while Wish has fallen completely out of the top 50.

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Retail Theft Isn’t Actually Increasing Much, Major Industry Study Finds

RetailWire

The National Retail Federation’s latest survey reveals that despite heightened attention to retail theft, the impact on retailers’ profits remains consistent with previous years. Total retail shrink rose to over $112 billion in 2022, up from $93.9 billion in 2021, largely in line with increased retail sales. While concerns about crime’s effect on profits are.

Retail 81
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Rent the Runway secures new UPS deal to reduce transportation costs

RetailDive

Through the agreement reached last month, UPS will handle most of the online apparel rental company’s shipping needs.

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Costco Teams up With Google-Backed Health Startup To Offer $29 Virtual Doctor’s Visits to Members

RetailWire

Warehouse giant Costco is teaming up with Sesame, a healthcare marketplace startup backed by Google, to offer its members virtual doctor’s visits for just $29. This partnership follows similar ventures by Walmart, Amazon, CVS, and Walgreens, as retailers increasingly expand into primary care. In addition to low-cost virtual visits, Costco members will also gain access.

Retail 75
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The Future of Customer Loyalty: Rewards, Retention, Appreciation, and More

Speaker: Jennifer Hileman - Director, Retail Data & Technology at Orium, and Zach Ettelman - Solutions Partner Team in North America at Talon.One

Elevate your retail game by unleashing the power of customer loyalty! The holidays are the perfect time to redefine and reimagine your retail strategy, as modern customers are being re-engaged through creative retention tactics. Discover how the combination of loyalty management and MACH technology can revolutionize your retail strategy, ensuring sustained customer success through the holiday rush, into the new year, and beyond.